The following are the most recent pieces of Forex technical analysis from around the world. The Forex technical analysis below covers the various currencies on the market and the most recent trends, technical indicators, as well as resistance and support levels.
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Pound's losses continue and may extend for a longer period, as instead of an improvement, the pressure increases.
For four trading sessions in a row, the price of the USD/JPY continues to correct upwards
The strength of the US dollar contributed to the collapse of the gold price to $1849 at the beginning of the today’s trading session, to its lowest level in two months
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AUD/USD: Hitting cluster of support above big round number at 0.7000
USD/JPY: Very strong U.S. Dollar
BTC/USD: Bears beware buying from $10k area
GBP/USD: Pound gains against Euro
The Brazilian Real has turned sour this week and the USD/BRL is testing critical resistance levels which speculators should watch carefully.
EUR/USD: Strong support likely at 1.14 / 1.15
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The Mexican Peso had been enjoying a strong bearish trend until the 17th of September.
The US dollar has broken higher during the trading session on Wednesday, slicing through the ¥105 level.
The NASDAQ 100 has broken down significantly during the trading session on Wednesday, as we continue to see a lot of negativity out there.
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The S&P 500 has initially tried to rally during the trading session on Wednesday but gave back the gains as we reached towards the 50 day EMA.
The Bitcoin market has fallen a bit during the trading session as we continue to see a lot of negativity.